Family Budget Templates – 10 Free Sample Templates

A Family Budget is a statement showing all the family expenses and income on monthly basis. Each head of a family should create a Family Budget that will cater for all the family needs without spending too much or too little on something. This article will focus on the Family Budget guidelines and tips.

Draft a Family Budget that will cater for your family’s food. Each family should have at least three meals a day; so it is your responsibility to make sure your budget has considered the food. Your budget should allocate a certain amount of money that will be used on food every single month. The food will be budgeted in accordance with the number of your family members. If there is a family member who needs a special diet like infants, pregnant mothers or diabetic people, then the budget should also include their special meals.

Clothing is another thing that you should include in your Family Budget. Of course your family members will need to dress up appropriately, so allocate money for clothing. At least once or twice a specified period, your family members should go shopping for clothes and shoes depending on your income. Do not spend too much than you are earning; this can cause a disaster to your budget plan. Everyone loves going shopping but don’t let your family members overdo it unless you can afford it. You should budget for basics that your income can afford.

While drafting your Family Budget you should not forget housing; this is very important. You budget should include monthly rent if you are staying on a rented property, or pay mortgage deductions if you took a mortgage loan from the bank. Make sure you budget for the deductions as well. Budgeting for your family housing is very important since shelter is one of the important basic needs a human being needs. Give your family a roof over their heads and again do not budget for an expensive housing if your income is not worth that much. Do not spend too much on certain things that you will not be able to afford other important things.

Your Family Budget should also include utilities like internet, garbage collection, water and power supply. These are minor things but they are very important so you need to budget them accordingly. Also make sure you budget for medical and insurance bills. Medication is a necessity so do not forget to budget on it so that you do not get messed up when your family member will need medical attention, and the funds should be available to treat them.

The Family Budget should also include transport. Bills like fuel cost, car payment or any other means of transport should be catered for by the budget to avoid inconveniences. Also budget for entertainment should be included. It is not entirely a necessity but if your income can afford then it should be included on the budget. And of course you should not forget to budget for savings. It is important that after you have budgeted for everything you still get to save some money for gusts entertainment and some suddenly occurring emergency cases.

Sample Family Budget Templates

Here is preview of Family Budget Template From stationerytemplates.org,

Here is download link for this Family Budget Template,

Sample Family Budget Templates

Here is preview of Family Budget Template From stationerytemplates.org,

Here is download link for this Family Budget Template,

Sample Family Budget Templates

Here is preview of Family Budget Template From stationerytemplates.org,

Here is download link for this Family Budget Template,

Sample Family Budget Templates

Here is preview of Family Budget Template From stationerytemplates.org,

Here is download link for this Family Budget Template,

Sample Family Budget Templates

Here is preview of Family Budget Template From stationerytemplates.org,

Here is download link for this Family Budget Template,

Sample Family Budget Templates

Here is preview of Family Budget Template From stationerytemplates.org,

Here is download link for this Family Budget Template,

Sample Family Budget Templates

Here is preview of Family Budget Template From msofficeguru.org,

Here is download link for this Family Budget Template,

Sample Family Budget Templates

Here is preview of Family Budget Template From sheettemplates.com,

Here is download link for this Family Budget Template,

Posted in: Budget Templates

Comments are closed.

%d bloggers like this: